AUDUSD has been in a consistent downtrend for over a month. The price has repeatedly set lower lows and lower highs but recently has established a support level, 0.70937, that price has been respected multiple times. It appears that the price is beginning to form a range, and as the price has fallen back to the support zone mentioned a long entry seems...
Hello everyone, if you like the idea, do not forget to support with a like and follow. AUDUSD is sitting around daily support in blue so we will be looking for buy setups on lower timeframes. on H1: AUDUSD is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger...
Hello everyone, hope you all doing well. TLM has an strong resistance on 0.38 level, with break of this level, there is literally no other resistance on its way up. Sounds crazy but I can say Take profit zone is : 0.88 after the breakout. Enjoy I'm writing about most of crypto currencies; Follow me on TRADINGview so you wouldnt miss out any updates. Like if you...
Hello everyone, if you like the idea, do not forget to support with a like and follow. NZDJPY is sitting around daily support so we will be looking for buy setups on lower timeframes. on H1: NZDJPY formed a wedge pattern in red but it is not ready to go yet. before we buy, we want the bulls to prove control again. Trigger => Waiting for a momentum candle...
Zillow Group Inc.’s roughly $1.15 billion pile of mortgage bonds tied to its home-buying business has been thrust into the spotlight after the real-estate giant on Tuesday called it quits on its iBuying home-flipping business. The Class C shares Z, -24.92% plunged 24.6% in afternoon trading, and the Class A shares ZG, -22.95% plummeted 23.4%, both toward 15-month...
USDCAD BUY LIMIT @ 1.23100 Stop Loss: 1.23020 (Add Spread) TP 1 (1R): 1.23186 (Scalp TP / SL→BE) TP 2 (3R): 1.23356 TP 3 (5R): 1.23526 TP 4 (10R): 1.23950 Reason: Price showed strong resistance in this area in its last testing action to the left. I would like to see price react, and I will be waiting for a...
At this point in time, the most important thing to pay attention to is that the area between the ¥149 and the ¥150 level continues to be a major support level and is heavily defended including the 200-EMA. However, each successive high continues to get lower so it does make a certain amount of sense that we may see an attempt to break down below the ¥149 level...
USD/CAD traded slightly higher after it hit once again the key support zone between 1.2580 and 1.2600 and the price step again on 200-EMA. That said, the recovery stayed limited near 1.2711. Lately, the pair has been trading in a consolidative manner, and thus, the experts will refrain from confidently calling its next trending direction. In order to start...
USD/CAD traded slightly higher yesterday after it hit once again the key support zone of 1.2580, clearly visible on a 4-hour chart. That said, the recovery stayed limited near 1.2630. Lately, the pair has been trading in a consolidative manner, and thus, investors will refrain from confidently calling its next trending direction. In order to start examining the...
Hello everyone, if you like the idea, do not forget to support with a like and follow. GBPCHF is approaching our lower brown trendline so we will be looking for buy setups. Moreover, the blue level 1.250 is support from Daily timeframe. Thus, the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support...
eurchf we will be bullish on eurchf only and if only the first blue zone be broken
Major support level acting as an LLT look for extension on trade (yellow arrow) one resistance zone that could slow done flow however i am not expecting it to have a huge impact of the overall trade entry: 33.5 (bit deep in the zone but will take my chance of limit order being hit, will manage it though) Stop: 30.25 TP: 41.7
GBPJPY Considering it's Friday i'll have risk today. Session Bias: Ranging Daily: Bearish 4H: Bullish 30m: Ranging
GBPJPY GBPJPY 9-13 August Outlook Monthly structure still holding bullish structure with previous 2 months bearish close respecting 152.00 key level. Weekly continuing the bullish momentum after 23 July solid close. Still we are trading below 153.66 28 June resistance formed due to 17 May support at 154 key level. Weekly is showing potential for more ups...
Session Bias: Bullish Daily: Bullish 4H: Bullish 30m: Bullish Important news at 12:00
1- Monthly structure still bullish even with the resistance formation at 155.63 as long we hold closes above 151 we will challenge the highs again. Anticipating August candle to wick down forming a support on Daily and 4H for testing the highs at 153.40 and above. 2- Weekly structure is bearish and a close above 153.65 will give the opportunity to continue the...
Hello everyone, if you like the idea, do not forget to support with a like and follow. SILVER is approaching strong daily support in green so we will be looking for buy setups. Before we buy , we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H4: SILVER is forming a channel in red but our upper...
GBPJPY Previous Month : Bearish Previous Week : Bearish Previous Day: Bullish Weekly : Still reacting to the formed Year High reached and the Weekly resistance formed on Jan 2018 but holding bullish weekly structure with June 21 Support formed. Daily : Structure is solid bullish respecting every zone created during the bullish run since March 2020....